Redbacka is warming to the gold story . He's seen it unfolding before his very eyes and I think is positioning himself to launch into a few stocks.
Just like you Jeeps , Redbacka can now see the value in gold .
I've always believed the yanks never had anything in Fort Knox ,I'm ready to stand corrected ,but I'm tipping there has been a kerfuffle somewhere about someone repatriating their gold. That'll be the story at some stage over the next few weeks
One way or the other there is going to be a supply squeeze . The upside is significant ,the downside is limited .
The thing I like about it is that everyone ,including the believers ,are so used to trading it by now that there is no one left who thinks that it can go up sustainably .
The 1300 break and the way it happened even has seasoned analysts like Redbacka getting a little bit more circumspect in their outlook.
I'm really happy to get stuck into some of these stocks with a longer term horizon .They're still good value when not much else is
- Forums
- ASX - By Stock
- XJO
- Weekemd Charting and Chat - 20 June 2014
Weekemd Charting and Chat - 20 June 2014, page-12
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,988.1 |
Change
-25.300(0.32%) |
Mkt cap ! n/a |
Open | High | Low |
8,013.4 | 8,013.4 | 7,918.9 |
Featured News
XJO (ASX) Chart |